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Locate or identify a company or business in any industry or sector within the English Speaking Caribbean.Extract a data series relative to one variable of
Locate or identify a company or business in any industry or sector within the English Speaking Caribbean.Extract a data series relative to one variable of interest( sales, revenue, expenses, production, interest rates, loans, etc) covering at least thirty(30) periods or observable values.
Instructions
- write a short background about the company.
- Calculate a forecast of the variable of interest for the next budget cycle or financial year using the following forecast techniques;
- Moving average( weighted and unweighted
- Exponential smoothing
- Trend line
- Write a report advising on which technique of forecasting should the company use, based on an analysis of forecasted errors, in forecasting the variable of interest for the next budget cycle or financial year.
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